Post Tagged with: "$130 billion"

Verizon Reaches Agreement to Acquire Vodafone’s 45 Percent Interest in Verizon Wireless for $130 Billion
/ September 3, 2013 1:27 pm
Verizon Reaches Agreement to Acquire Vodafone’s 45 Percent Interest in Verizon Wireless for $130 Billion

Verizon Communications Inc. (NYSE, Nasdaq: VZ) today announced that it has entered into a definitive agreement with Vodafone Group Plc (London, Nasdaq: VOD) to acquire Vodafone’s U.S. group with the principal asset of 45 percent of Verizon Wireless for $130 billion, consisting primarily of cash and stock. Verizon expects the transaction at close to be immediately accretive to the company’s EPS (earnings per share) by approximately 10 percent, without any one-time adjustments. . Read More

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